On 12/June, Singapore shares ended higher despite worries grew over this weekend’s elections in Greece.

STI ended higher at 2797.08 (0.3%) with LOW VOL of 1.40 billion shares traded compared with 1.13 billion shares Monday. In the broader market, losers outnumbered gainers 170 to 134. Today investors took profit off on their recent gains as the market sentiment remains uncertain.

Headline in STI

Before market close

Global Logistic Properties Ltd. (MC0.SG) has agreed to lease to Beijing Aviation Ground Services Co. 60,000 square meters of warehouse space at Beijing Capital International Airport for 20 years.

Technical Analysis on STI

Immediate Resistance of STI: 2802

Immediate Support of STI: 2767

MY sentiment on STI: STI has re-test the support at 2767 today and managed to rebound strongly which affirms on the bullishness of the investors. It seems that selling pressure has temporarily eased as traders are ...